Employer · plans filed under one EIN
University of Maryland Medical System Corporation
Baltimore, MD · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
University of Maryland Medical System Corporation, based in Baltimore, Maryland, sponsors 6 retirement plans with 100 or more participants: 5 defined contribution and 1 defined benefit. Together they reported 59,074 participant records and $2.28B in net assets.
The largest is University of Maryland Medical System 403(b) Retirement Savings Plan, a 403(b) plan with 30,235 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $50.6M and participant contributions $126M in the latest plan years; benefits paid were $201M. Schedule C compensation reported to service provider organisations totalled $1.8M.
Combined net assets moved from $248M in 2009 to $2.28B in 2024 (up 819%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| University of Maryland Medical System 403(b) Retirement Savings Plan | 403(b) plan | 2024 | 30,235 | $730M | $24,160 | $1,335 | $1.0M |
| Umms Voluntary 403(b) Plan | 403(b) plan | 2024 | 10,604 | $793M | $74,818 | — | $242K |
| University of Maryland Medical System 401(a) Defined Contribution Plan | profit-sharing plan | 2024 | 9,651 | $515M | $53,404 | $2,290 | $273K |
| University of Maryland Medical System Corporation Pension Plan | cash balance pension plan | 2024 | 4,571 | $157M | $34,270 | $0 | $138K |
| University of Maryland Capital Region Health Retirement Savings Plan | 403(b) plan | 2024 | 2,852 | $77.4M | $27,143 | $1,179 | $54K |
| University of Maryland Medical Center Midtown Campus 401(k) Profit Sharing Plan for Union Employees | 401(k) plan | 2024 | 1,161 | $7.7M | $6,669 | $392 | $16K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 6 | 59,074 | $2.28B | $50.6M | $126M |
| 2023 | 6 | 46,904 | $2.00B | $42.9M | $113M |
| 2022 | 6 | 50,265 | $1.69B | $43.6M | $103M |
| 2021 | 6 | 48,372 | $2.00B | $49.7M | $100.0M |
| 2020 | 6 | 46,895 | $1.76B | $46.7M | $89.9M |
| 2019 | 6 | 45,602 | $1.47B | $48.9M | $82.2M |
| 2018 | 6 | 41,729 | $1.18B | $45.7M | $73.4M |
| 2017 | 5 | 27,449 | $935M | $20.8M | $54.1M |
| 2016 | 4 | 32,759 | $915M | $35.2M | $45.7M |
| 2015 | 4 | 28,888 | $730M | $32.9M | $40.1M |
| 2014 | 4 | 28,269 | $708M | $31.7M | $36.0M |
| 2013 | 3 | 20,871 | $493M | $22.2M | $33.7M |
| 2012 | 3 | 19,467 | $384M | $18.3M | $26.2M |
| 2011 | 3 | 16,273 | $325M | $17.1M | $24.5M |
| 2010 | 3 | 15,815 | $308M | $11.6M | $21.4M |
| 2009 | 3 | 19,923 | $248M | $14.0M | $21.1M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Empower Annuity Insurance Company | Contract Administrator; Recordkeeping and information management; Participant loan processing | 4 | $1,447,584 |
| Wilmington Trust Company | Trustee (bank, trust company, or similar financial institution); Investment advisory (plan) | 2 | $115,806 |
| NFP Retirement Inc. | Investment advisory (plan) | 4 | $71,619 |
| CliftonLarsonAllen LLP | Accounting (including auditing) | 4 | $62,334 |
| Mercer (US) LLC | Actuarial; Consulting (pension) | 1 | $32,186 |
| Empower Annuity Insurance Company O | — | 1 | $26,677 |
| Empower Financial Services, Inc. | Securities brokerage | 1 | $125 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does University of Maryland Medical System Corporation have?
6 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: University of Maryland Medical System 403(b) Retirement Savings Plan, Umms Voluntary 403(b) Plan, University of Maryland Medical System 401(a) Defined Contribution Plan and University of Maryland Medical System Corporation Pension Plan and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does University of Maryland Medical System Corporation contribute to its plans?
$50,609,897 in employer contributions across these plans in their latest plan years, about $1,145 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Empower Annuity Insurance Company, Wilmington Trust Company, NFP Retirement Inc. and CliftonLarsonAllen LLP and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.